Ex-First Texas officials to pay $7.97 million in restitution.

WASHINGTON - Richard C. Strauss and nine other former officers and directors of the failed Gibraltar Savings of Houston and First Texas Savings of Dallas consented on Tuesday to pay the government $7.97 million in restitution.

Mr. Strauss, who will pay $4.5 million over four years, was a shareholder and director of First Texas Financial Corp., the two thrifts' parent. He is the son of Robert Strauss, the prominent Washington Democrat.